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Top 6 Bitcoin Predictions For 2018


Ymerej

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Posted

What a year it's been for Bitcoin.

The cryptocurrency has continued to soar from lows of $778 in January 2017 to record highs of more than $17,000 on Dec. 12.

As we move forward into 2018, there are a number of Bitcoin developments worth monitoring, not all of them having to do with just its price.

Perry Woodin, CEO of Node40, a blockchain governance and cryptocurrency tax compliance company based in New York, believes 2018 will be the year of mass public awareness for Bitcoin and cryptocurrency in general. "It is going to be the year when every friend and relative will want to know how much you have and how to purchase it. The topic of Bitcoin is going to be the ultimate water-cooler conversation," says Woodin.

 

Here are some top expert's predictions for what will happen with Bitcoin in the coming year. 

1. Taxation will be a huge issue.

2. The number of cryptocurrency adopters will rise. 

3. Bitcoin develops into a payment network.

4. Investors will diversify their crypto assets.

5. Interest from institutional investors will increase.

6. Expect to see more regulation.

 

To Read More about it Here's the Link: https://www.thestreet.com/story/14418222/1/bitcoin-predictions-for-2018.html

Posted

The number one prediction might be a not good idea cause what if you have waging on the internet about 0.40btc price how much would be the tax for that amount and this could be a long topic for now depends on case to case basis from country to country.

Posted

3) seems least likely as BTC transaction fees and speed are too pathetic currently to use as payment network currently. BTC imo is better off as an asset rather than a currency at this point due to it's huuuuuuge flat value 

Posted

I agree with all of the points .All of the points will make Bitcoin more valuable and great except the 1st and 6th one ! The 1st and 6th point will drive the bitcoin growth in a negative direction. As the price increases the governments will try to control it.  they will try to impose tax on it . an bitcoin was not made for these stuff , thus altcoins will rise in numbers , Bans will be imposed on certain currencies. bitcoin will be banned in places which think they cannot regulate it !But still the  Growth will be huge if governments dont interfere much ! Also the alt coins will be going up alot due the growth in bitcoins ! 

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